Market News

Gfk: Too many citizens suffer of chronic illnesses

More than 41 percent of Hungarian citizens over 15 suffer of chronic illnesses – GfK Health Care pointed out. Moreover, at least one million people have no idea about thair...

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Robust industrial growth is pulling the economy

Industrial production reached a strong growth in the first 11 months of 2010 – reports the Central Statistical Office. The GDP also increased strongly during the last quarter – said...

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The fuel and food prices are fueling inflation

The high inflation is mainly caused by the rising fuel prices and the price increases of foodstuffs. The core inflation is still low – told Suppan Gergely to Világgazdaság Online....

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The EU needs chicken imports soon

Within a few years, the European Union will become chicken importer – shows the forecast, prepared by the European Commission about the expected agricultural trends of the forthcoming decade. The...

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U.S. retail is growing for the sixth months

According to the Friday communication of the Ministry of Commerce; U.S. turnover increased by 0.6 percent in December 2010, compared to the previous month, while analysts expected a 0.9 percent...

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Agricultural producer prices grew by one-thirds

In November 2010 the producer price level of agricultural products increased by 31% compared to the corresponding month of the previous year. More specifically, the price level of crops and...

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Crisis tax for multinational companies is a necessity and legal

Hungary offered a wide range of corprate tax relief since the change of the system in the early nineties, which even hindered Hungarian companies – however, throughout the years it...

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Chief Veterinary Officer confirmed the news: no dioxin-contaminated eggs in Hungary

Hungary has not received dioxin-contaminated eggs – Endre Kardeván, Chief Veterinary Officer of the Ministry of Rural Development (VM), has pointed out after the news about dioxin-free eggs in Hungary...

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Companies revenue stagnated

37 percent of 2500 companies researched within the compass of Marketing Commando's survey in January 2011 have closed a higher revenue in December 2010 than they did in the previous...

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Crisis taxes will end in 2012

The crisis taxes will end after 2012 but the government plans to negotiate a new system with the affected sectors which would generate about half of the revenue from the...

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GKIeNET: smartphones are catching up

Smartphones are catching up when it comes to online purchases. Now the usage of these devices has reached 1.5 percent of all e-purchases, which is a significant step ahead since...

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Illegal beverages caught in Hungary

An illegal network of alcoholic beverages producing factory has been caught by the National Tax and Customs Board on Wednesday. Employees of the authority have checked six houses and found...

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Dioxin found in pork in Germany

Germany's poisoned eggs scare has now spread to pork with investigators reporting raised levels of cancer-causing dioxin in pigs at a farm in Lower Saxony. This follows on from an...

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Companies in Hungary are not willing to work with young mothers

Sorry, this entry is only available in HU....

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UN, EU, G20: the whole world is worried about food prices

The UN Food and Agriculture Organization drew attention; that the price of the basic foods reached record highs in December 2010, which may lead to fear of inflation, protectionism, and...

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The poultry Product Council wants 8-12 percent wholesale price increase

An 8 to 12 percent wholesale price increase would be needed to re-restore the profitability of domestic production – that can be read on the website of the Poultry Product...

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The MOSZ supports the “Original Hungarian Food” sign

The National Federation of Agricultural Cooperators and Producers (MOSZ) supports the introduction of the “Original Hungarian Food” marking – said Tóth István, secretary of the MOSZ. He added that discussions...

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Europe's largest economy grew by 3.6 percent in 2010

German Gross Domestic Product (GDP) grew by 3.6 percent in 2010, compared with a year earlier – said the German statistics office on Wednesday. According to the communication of the...

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Last year, cereal production fell by 9 percent

Last year, 12.3 million tons of grain was produced on nearly on 2.6 million acres, on 11 percent smaller area than in the previous year. The yield decreased by more...

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France reclaimed the first place

Once again, France was the world's leading wine producer in 2010, after a year earlier Italy overtook it – shows the analysis of IWSR  market research institute. Although wine producing...

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India is already concerned about rising food prices

Manmohan Singh, Indian Prime Minister has convened an extraordinary government meeting on Tuesday, in order to deal with the alarming rise of food prices. On the meeting, that was held...

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Honey infected with antibiotics on the Hungarian market

Honey-samples from Heves county are still being examined – daily paper Heves Megyei Hírlap learned from food safety and animal health board chief veterinary officer Dr József Eperjesi. The honey-controll...

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ew technology of industrial wipers on the market

The WYPALL* wiper product range has all your options covered. Whether you need a low-lint, long-lasting wiper for heavy duty tasks or a single-use, cost-effective solution the WYPALL* range can...

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Corporate volunteership is not popular in Eastern-Central Europe

Ranking of responsible business operation evaluates for the second time transparency and communicated CSR performance of largest companies of the CEE region. CSR 24/7 Rating is a CSR rating product...

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The extreme weather and speculation drive up the price of raw food materials

The world price of raw food materials has increased over the past one and a half years, but the price of processed foods only slightly increased. Raw food materials are...

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Online purchases: Paypal may be the solution to the distrust

Although purchasing with cash declined slightly, compared to last year, it is still the most typical among online customers. According to the annually repeated E-Shopping report of KutatóCentrum; The lack...

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Currently there is no way for more stringent control in EU imports

Hungary imports tens of millions of kilograms of pork and many hundreds of millions of liters of milk and dairy products each year. A part of these products are suspiciously...

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The nationwide honey raid valuation is under way

Results of the nationwide honey raid is still under valuation. The examination was necessary, because antibiotics contaminated honey appeared in the domestic market. The test team of the Agricultural Office...

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TriGranit sells 50 percent of the Arena Centar in Zagreb

Europe's fourth largest real estate developer, the TriGranit Development Co. and Heitman European Property Partners IV (Hepp IV) announced today that the Hepp IV bought 50 percent stake in the...

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Wine shortage expected this year

Only the half the usual quantity was produced in the wine cellars last year, so shortage is expected this year, and also a lot of wine varieties may disappear from...

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